Why do Bounty Hunters Sell Immediately they receive reward?

[Linggis]

In my opinion, they sell coins from the Bounty because they want to get money immediately.
I know that coin prices may not be as stable as their value, and while there is an opportunity to sell coins, they sell their coins to get money that is higher in value.

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[Donnie_28]

I think because the token give them a good profit and sometimes they need money for a good purpose. For me, I would hold on it for a long time if I think it is good.

[Quarantine34]

Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.

They sell it immediately because the ICO is not so successful meaning once the token is listed in an exchange the value will get dump or they sell it immediately because they need money.

[mahvia]

Everyone do it for only one reason. Profit. And only way to ensure it is to sell it straight away. Because most projects lose much of its value after coming to open market.
Only solution i see here is to put timelock on the distributed tokens and it is tokens creators issue if they want that. (they might not want this because it gives some turnover and some consider it also important)

[daladno12]

In order to avoid selling bounty tokens immediately when the token is listed on exchnage, the project must allow all hunters who need 'cash' (ETH or BTC) to sell their bounty stake to early investors who want to get tokens with great discount (by buying stakes). There is a solution on the market already: https://medium.com/@TokPie/how-to-get-eth-for-your-bounty-stakes-6a1bf92b0159

So, bounty tokens will be in hands of investors who would not want to sell for cents the tokens which they get NOT FOR FREE from hunters (opposite to hunters who get tokens for free)

[iram3130]

As far as I know, most of them sell because it is the only income they are getting and they need the money to spend. Some sell because they dont trust the project but more than 25% hold until they see some good pumps.

[Ividanik]

That’s because many bounty hunters are new and don't have money. They can't hold long, they need at least some money back immediately so they will sell for any price.

[houjinglong]

Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.

The reason for this is obvious，Selling coins is definitely for making money, or in exchange for ETH. Maybe the hunter feels more secure when switching to ETH.

[rltim555]

I can tell you my reason to do that. The reason is that it is crowd behaviour.
I know that other participants will sell their tokens and I just want to become the first who sell for higher price,that's it!

[xandebnu]

I don't think it's because bounty hunters don't have money   My logic is this: it is better to sell your tokens right now and transfer them to another asset that will show growth with greater probability than bounty tokens. After all, based on my experience, most bounty tokens only fall in price with time, if this is not the moment of the general pump.

[AlisaWhishie]

Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.

The reason for this is obvious，Selling coins is definitely for making money, or in exchange for ETH. Maybe the hunter feels more secure when switching to ETH.

I don't believe that most of them hold at least one coin, like ETH. Let's face it: even those who earn with crypto still prefer fiat, so they feel absolutely secure switching into their local currency, neither ETH, nor even BTC.

And this may be also a good strategy. Check this article by an experienced hunter: https://bitcointalk.org/index.php?topic=4772679.msg43103509#msg43103509

[CircularLoGic]

Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.

I think most of them just need money and they sell their bounty rewards right after exchange listing, some of them just prefer to hold their funds in bitcoin or other reliable cryptocurrency. Recently I've noticed that more and more ICOs are trying to lock up the bounty tokens, but this won't save them from crashing because the main reason is a downtrend, not bounty hunters.

[lKSLMNSLKnkndlksnkJ]

Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.

The idea behind crypto is to spread the wealth far and wide to as many people as possible.  With fiat dollars, it's the complete opposite; that system concentrates the wealth into the hands of the few, leaving the masses impoverished.

A couple things:
1.) The Federal Reserve has caused common people to think that fighting for the crumbs that fall off rich people's tables is normal.  The entire population of the earth, except for the wealthy families, is yield starved after so many generations of this crap.
2.)  To little Johnny in some third world country, cryptos represent generational wealth.  To have the opportunity to seize a piece of the pie for the first time in their family's history is just too great an opportunity to pass up.
3.)  People get over-extended into crypto and the losses affect their regular lives, this sometimes starts a bad feedback loop where the person will sell anything they get their hands on as soon as possible.

If you are an experienced bounty hunter, along the journey towards performing the tasks and ultimately getting paid you get a distinct feeling in your heart, and you instinctively know at that point whether the project has a good chance to succeed or not if you hold long term.  You should trust this opinion emanating from inside you and heed it.  The projects you feel strongly about, try to hold for 5 years.  For the others, maintain a watch over them and be ready to sell when the project starts to go south.

Best of luck everyone!

[Ubrfeh]

Well, now of course few people sell in such a market , as it was six months ago , the price of course was very high on Ethereum and the price was kept on tokens still well .

[DamilolaB]

There is no doubt that most bounty hunter are weak hands but those who are well experienced would not just sell tokens anyhow. Proper research would have been carried out to find out the potential of the tokens you are holding. Mind you, experienced hunter also sell if they know that the token has no future.

[swetka]

There is no doubt that most bounty hunter are weak hands but those who are well experienced would not just sell tokens anyhow. Proper research would have been carried out to find out the potential of the tokens you are holding. Mind you, experienced hunter also sell if they know that the token has no future.

in fact, most Bounty Hunters try to get rid of coins immediately, which in their opinion will not have good prospects. of course, this situation is aggravated precisely today, when the market is in a very bad condition.

[Mila52]

So many reasons behind this but the bottom line is that most bounty hunters don't believe in the project of such coin and also they don't believe in the team behind it. I think the best thing to be done by the team behind new projects is to reward bounty hunters with existing coin so as to protect their investors

For most bounty hunters, this is just an additional income. It's no secret that after ICO the price of the token falls almost 10 times. As a rule, most of the projects after ICO disappear, the team stops working on the project. I usually just sell a part of the coins if their price is good.

[Grenin2]

If it is a good one with good features, you can hold it till the price is higher and if not, they decide to sell our some also sell if they have financial need that needs to be attended to urgently and some sell to buy another stable coin.

[bangjoe]

In my opinion, they sell coins from the Bounty because they want to get money immediately.
I know that coin prices may not be as stable as their value, and while there is an opportunity to sell coins, they sell their coins to get money that is higher in value.

Yes, because not everyone already has money and is able to hold the coins they have, especially for paid hunters who are actually people who work on a project, unlike investors who basically have a lot of money so it's no wonder there are a lot of prize hunters who are in a hurry to sell their coins even though the coin has a chance to have a higher price

[Luckyji]

There could be many reason for that it might be due to financial problem that will a bounty hunter sell the coin immediately he received it some may change  to BTC or ETH there are some of the reason some hunter do not hold their coin if they received it.